Question
1.Fixed Expenses do not change in total when there is a modest change in sales. TRUE FALSE 2.An example of a fixed expense would be
1.Fixed Expenses do not change in total when there is a modest change in sales. TRUE FALSE
2.An example of a fixed expense would be a 5% sales commission. TRUE FALSE
3.Property taxes and rent are often fixed expenses. TRUE FALSE
4.Variable expenses change in total as volume changes. TRUE FALSE
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Accounting An Introduction
Authors: Eddie McLaney, Dr Peter Atrill, Eddie J. Mclan
5th Edition
0273733206, 978-0273733201
